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Situational Analysis Of The Walt Disney Company

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Introduction
The Walt Disney Company is an outstanding renowned entertainment and media corporation with business ventures in Media Networks, Parks and Resorts, The Walt Disney Studios, Disney Consumer Products, and Disney Interactive. Walt Disney Company is a diversified corporation with products all around the world. (The Walt Disney Company, n.d.)

1. About Disney Difference and how it will affect the company’s corporate, competitive, and function strategies.

Disney difference is a marketing strategy that allows Disney to stay competitive in the industry. In terms of corporate strategy, Disney adopts a corporate credo to convey the company’s values. Its purpose is to ensure the company employees are ethically on the right track during …show more content…

Among these, a few in particular, is extremely crucial in the overall process. Situational analysis is one of the important steps as it creates an environment for the planners to understand the condition in which Disneyland is having. The different types of situational analysis include general environmental analysis, competitive environmental analysis, and the SWOT analysis. Analysing competitive environment using the Porter’s 5 Forces can be done to understand the market of current before the setup of the new themed area. Only after situational analysis, Disney can then establish goals and objectives that are relevant and realistic to the company. A good situational analysis can also discover and improve certain parts of Disney that may be previously under developed. (Boundless, n.d.)

Another important planning step would be monitor and control. On daily basis, operational managers will conduct detailed checks on the operation, while tactical managers perform ensures constant growth of the project, and strategic managers control the direction of the project growth, making sure the company is working towards the ultimate goal. Planning is an ongoing process. When implementing the plan of the expansion, new situations and problems may arise unexpectedly or due to market changes. It is important to constantly update the project with the market to ensure upmost

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